Nigeria targets 50% local shareholding in oil sector in 10yrs

The Minister of State for Petroleum, Dr. Ibe Kachikwu, said on Monday in Abuja that Nigeria will grow local investments and shareholdings of its...

FG working on policies to bring other projects similar to Egina onstream – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the Federal Government was working on all fronts to ensure that...

NCDMB boss explains why Nigeria cant implement 100% local content

Crude oil production may be affected if the Nigerian Content Development and Monitoring Board (NCDMB), were to enforce full implementation of the Nigerian Oil...

Buhari signs order restricting visas for certain foreign workers

President Muhammadu Buhari has signed an executive order prohibiting issuance of visas to foreign workers whose skills are readily available in Nigeria, The Cable...

Dangote trains 150 indigenous engineers in preparation for refinery operations

The Management of Dangote Oil Refinery Company (DORC) says about 150 indigenous engineers have been trained in refinery operations in preparation for the take-off...

Nigeria’s oil sector remains attractive for investment – NCDMB boss

Despite the fast changing landscape of the global oil and gas industry, “Nigeria remains attractive for investments”, said Engr. Simbi Wabote, the Executive Secretary,...

OGFZA to partner NPA on free zone operations

The Oil and Gas Free Zones Authority (OGFZA) has opened discussions with the Nigerian Ports Authority (NPA) to forge closer ties on a range...

NASS to amend Local Content Act following Egina probe

The Senate has said it will amend the Nigeria Oil and Gas Industry Content Development (NOGICD Act), 2010, noting that the existing law was...

Egina showcases liberalization of oil and gas logistics sector – NPA MD

Hadiza Bala Usman, the Managing Director of the Nigerian Ports Authority (NPA) has said that the successful berthing of Africa’s biggest Floating Production Storage...

Reps committee to compel IOCs to pay local firms ‘huge debts’

The House of Representatives on Thursday set up an ad hoc committee to investigate the huge debts being owed local companies and indigenous contractors...

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